Full information about startup AVAtalk Technologies on Unicorns Club

17 h

24 m

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17 h

24 m

07 s

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AVAtalk Technologies

AVAtalk Technologies is a digital health app for psychiatrists, helping them treat auditory hallucinations in individuals through schizophrenia with avatar therapy

Spotlight

AVAtalk Technologies is a founder-backed startup, actively fundraising to reach its next milestone

The startup is in the validation stage, testing its core assumptions

The company is focused on North America

Current funding roundRound is open

Stage

Pre-Seed

Pre-money valuation

Limited Access

Investor equity

Limited Access

Revenue in the last 12 months

Limited Access

Valuation in 4 years

Limited Access

Growth Forecast

Limited access

This data is under wraps

Funding readiness level

3/9

Verified business concept, initial small funding secured.

- Well described business concept and initial verification plan (incl. hypothesis to verify, goals )
- Basic insight and knowledge of different financing options
- Obtained first small soft funding (50-200 KSEK) for commercial verification according plan

team Readiness Level

5/9

Core competencies covered in founding team.

- An initial founding team working together and all spending significant time. The founding team jointly having main needed competencies
- Additional team aspects e.g. background and diversity are considered (e.g. balance male/female)
- Recruitment or network activities to ascertain additional persons/resources are progressing
- The team has agreed on their respective shares (signed agreement). Ownership is balanced and incentivizing and reflects historical and future commitment and contribution.
- The team is aligned with clarified roles, shared goals and clear commitment (e.g. time spent)

Team Background

Background:

Not applicable

Meet the Team

Co-Founder

Mohamad Matout

CEO (Chief Executive Officer)

CEO & Co-Founder of AVAtalk Technologies Inc. Data Scientist & Psychiatrist in training at Stanford.

Co-Founder

Gail Myhr

CPO (Chief Product Officer)

CPO/CSO & Co-Founder of AVAtalk Technologies Inc. Associate professor of psychiatry McGill University, Specialist in CBT for Psychosis.

Co-Founder

Anas Merbouh

CTO (Chief Technology Officer)

CTO & Co-Founder of AVAtalk Technologies Inc. Years of professional experience building and delivering high quality software.

Co-Founder

Mohamad Matout

CEO (Chief Executive Officer)

CEO & Co-Founder of AVAtalk Technologies Inc. Data Scientist & Psychiatrist in training at Stanford.

Co-Founder

Gail Myhr

CPO (Chief Product Officer)

CPO/CSO & Co-Founder of AVAtalk Technologies Inc. Associate professor of psychiatry McGill University, Specialist in CBT for Psychosis.

Co-Founder

Anas Merbouh

CTO (Chief Technology Officer)

CTO & Co-Founder of AVAtalk Technologies Inc. Years of professional experience building and delivering high quality software.

Key metrics & Growth Rate

Revenue

Paid users

All users

Limited access

This data is under wraps

ABOUT

AVAtalk Technologies is a digital health app for psychiatrists, helping them treat auditory hallucinations in individuals through schizophrenia with avatar therapy

1 in 3 patients with schizophrenia does not respond to traditional antipsychotic medications. A few years ago, Avatar therapy has emerged as the most promising treatment to auditory hallucinations. However, its adoption has been hindered by the need for costly, specialized equipment. At AVAtalk Technologies, we have created the first data-driven app to deliver Avatar therapy directly via smartphones, making this transformative treatment accessible to all.

Details

Industries

Medical DevicesMental HealthHealthcare / HealtTech

Start date

15 Jul 2021

Name of legal entity

AVAtalk Technologies Inc.

Incorporation date

9 Feb 2022

Company location

Canada

Country where most of the founders are currently located

Canada

STARTUP READINESS LEVEL

6/9

Validating Product / Market

We're scaling our MVP testing, refining based on feedback, and beginning marketing strategies. Our focus is on quantifying market potential and conducting a comprehensive competitor analysis.

business Readiness Level

3/9

Draft business model excluding revenues/costs.

- There is draft of the business model in a canvas format (business model canvas/lean canvas) but typically without the revenues/cost parts and details of these.
- The market description is getting more highly resolved with more specific market applications and segments being identified. Target applications identified.
- The market potential and the market size is quantified with TAM and SAMSegmented/Served Available/Addressable Market (everyone you have decided/can reach)
- A more complete competitor overview with direct/indirect competitors and alternatives

Marketing

Marketing strategy

Limited Access

Channels

Limited Access

IP Protection Readiness Level

5/9

Drafted IPR strategy, initial patent applications filed.

- Draft IPR strategy- first analysis (preferably by professional) on how different IPR can be used to protect and be of value for the business.
- Patent strategy- professional analysis on what/how to patent and how to improve/build value of patent application (e.g. supporting data, new/additional details to be filed etc.)
- Basic agreements in place to ascertain control of IPR (e.g. assignments, ownership copyright)
- First complete patent application (or other IPR registration) filed in cooperation with professional

customer Readiness Level

1/9

Hypothesizing potential market needs.

- Thinking (yourself) that a possible need/problem or opportunity might exist in a market.
- No clear hypotheses on who customers are and what problems are etc. If hypothesis exist they are unclear, speculative and there is no proof or analysis to support assumptions.
- Limited or non-existing knowledge of the market and customers/users (who they are etc)

Customers geography

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8 key updates

Last updated: 10 June 2025

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to 350 Sparks

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AVAtalk Technologies

Spotlight

AVAtalk Technologies is a founder-backed startup, actively fundraising to reach its next milestone

The startup is in the validation stage, testing its core assumptions

The company is focused on North America

Current funding roundRound is open

Stage

Pre-money valuation

Investor equity

Revenue in the last 12 months

Valuation in 4 years

Growth Forecast

Funding readiness level

3/9

Verified business concept, initial small funding secured.

team Readiness Level

5/9

Core competencies covered in founding team.

Team Background

Background:

Meet the Team

Mohamad Matout

Gail Myhr

Anas Merbouh

Mohamad Matout

Gail Myhr

Anas Merbouh

Key metrics & Growth Rate

Revenue

Paid users

All users

ABOUT

Details

Industries

Start date

Name of legal entity

Incorporation date

Company location

Country where most of the founders are currently located

STARTUP READINESS LEVEL

6/9

Validating Product / Market

business Readiness Level

3/9

Draft business model excluding revenues/costs.

Marketing

Marketing strategy

Channels

IP Protection Readiness Level

5/9

Drafted IPR strategy, initial patent applications filed.

customer Readiness Level

1/9

Hypothesizing potential market needs.

Customers geography

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to